v3.20.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Sep. 30, 2020
Current Assets    
Cash and cash equivalents $ 45,614 $ 45,070
Accounts receivable (less allowance for doubtful accounts of $169 and $159 at December 31, 2020, and September 30, 2020, respectively) 13,940 11,243
Inventories 16,616 17,277
Income taxes receivable 1,362 1,362
Other current assets 1,501 1,617
Total current assets 79,033 76,569
Property, Plant and Equipment - Net 11,952 11,995
Right-of-Use Assets - Net 5,155 5,124
Intangible Assets - Net 543 609
Goodwill - Net 6,633 6,633
Deferred Income Taxes - Net 566 566
Other Assets 645 602
Total Assets 104,527 102,098
Current Liabilities    
Accounts payable 3,414 2,676
Accrued compensation and related taxes 2,406 2,066
Accrued warranty expense 350 380
Other accrued liabilities 719 751
Current maturities of long-term debt 384 380
Contract liabilities 1,156 1,224
Total current liabilities 8,429 7,477
Long-Term Debt 4,701 4,798
Long-Term Lease Liability 5,090 5,064
Income Taxes Payable 3,274 3,240
Total Liabilities 21,494 20,579
Commitments and Contingencies
Shareholders’ Equity    
Preferred stock; 100,000,000 shares authorized; none issued
Common stock; $0.01 par value; 100,000,000 shares authorized; shares issued and outstanding: 14,091,422 and 14,063,172 at December 31, 2020 and September 30, 2020, respectively 141 141
Additional paid-in capital 124,635 124,435
Accumulated other comprehensive loss (51) (646)
Retained deficit (41,692) (42,411)
Total shareholders’ equity 83,033 81,519
Total Liabilities and Shareholders’ Equity $ 104,527 $ 102,098

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